Stocks · Financial Services · Financial - Capital Markets

Bitmine Immersion Technologies, Inc. BMNR

$26.79 +1.98% Close, Oct 5, 2026 · NYSE · Market cap $14.96B

Strong growthExpensive vs sectorHigh risk

Next earnings report: Nov 20, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Revenue over the last four quarters was $61.2M, up 1022.3% from a year earlier, accelerating from 261.3% a quarter earlier.
  2. Operating margin narrowed to -14514.0% from -53.7% a year earlier.
  3. The diluted share count rose 175.0% in a year.

PromtFinance scores

Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.

Growth94Exceptional

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 1%
  • FCF growth (TTM, YoY)Bottom 1%
  • Revenue growth, 3-year CAGRTop 1%
  • Revenue growth accelerationTop 1%
Quality29Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 1%
  • Gross marginTop 11%
  • Operating marginBottom 1%
  • Accruals (lower is better)Top 2%
  • Interest coverBottom 1%
Value1Very weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 2%
  • Free-cash-flow yieldBottom 13%
  • EBITDA / enterprise valueBottom 2%
  • Sales / enterprise valueBottom 2%
Momentum31Weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 3%
  • 6-month returnTop 10%
  • 1-year return vs S&P 500Bottom 4%
  • Distance from 52-week highBottom 4%
  • Trend checklist (0–4)Top 10%
Revisions87Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 2%
  • Consecutive EPS beatsBottom 17%
  • Upside to consensus price targetTop 2%
Stability1Very weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 5%
  • Maximum drawdown, 3 yearsBottom 2%
  • Beta vs S&P 500 (lower is better)Bottom 1%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)261.3%1022.3%↑
Gross margin18.8%83.5%↑
Operating margin-53.7%-14514.0%↓
FCF margin28.7%-481.4%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)1022.3%261.3%↑Top 1%
Gross margin83.5%18.8%↑Top 11%
Operating margin-14514.0%-53.7%↓Bottom 1%
Net margin-14306.6%-65.4%↓—
Free-cash-flow margin-481.4%28.7%↓—
Return on invested capital-76.4%—Bottom 1%
Revenue growth, 3-year CAGR142.4%—Top 1%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-72.8%
Stock-based compensation / revenueA cost to shareholders through dilution.
64.5%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-1122.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
Net cash
Interest cover (operating income / interest)How many times operating profit covers interest.
-1754.9×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.03%
Net buyback yield (TTM)
-134.81%
Shareholder yield
-134.78%
Share count change, 1 year
+175.0%
Share count change, 3-year CAGR
+31.2%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through May 31, 2026 (filed Jul 14, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
1 of 4
Average EPS surprise, last 4
+100.0%
Average 2-day reaction, last 8
+4.2%
Positive 20 days after report
5 of 8

Analysts

Consensus price target
$63.60
Target vs current price
+137.4%

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 13, 2026-275.0%-2.5%+4.7%+25.6%+78.8%
Jan 14, 2026-10753.3%+4.6%-6.0%-37.6%-31.8%
Nov 21, 2025+13720.0%-0.1%+27.3%+20.5%-23.3%
Jul 2, 2025+0.0%+27.2%+45.0%-25.2%+7.8%
Apr 14, 2025—-15.0%-2.5%+68.8%+333.0%
Jan 10, 2025—-0.5%+0.0%+12.0%+33.3%
Dec 9, 2024—+12.9%+28.6%-13.1%+8.6%
Jul 15, 2024—+7.0%-3.5%+1.9%+8.1%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 13, 2026-$0.15-$0.04-275.0%$46.5M
Jan 14, 2026-$15.98$0.15-10753.3%$2.3M
Nov 21, 2025$13.62-$0.10+13720.0%$1.3M
Jul 2, 2025-$0.31-$0.31+0.0%$2.1M
Apr 14, 2025-$0.01——$1.5M
Jan 10, 2025-$0.00——$1.2M
Dec 9, 2024-$0.00——$682,435
Jul 15, 2024-$0.00——$1.2M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / Sales238.97×——Bottom 2%
Free-cash-flow yield-1.97%——Bottom 13%
Earnings yield-85.59%——Bottom 2%

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✓ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
50
Days above the 200-day average
30
50-day average slope (20 days)
+23.2%
200-day average slope (20 days)
-3.0%
Distance from 50-day average
+17.8%
Distance from 200-day average
+23.8%
RSI (14)
57.1
Relative volume
0.73×

Risk and drawdowns

Volatility, 60 days (annualized)
80.0%
Volatility vs own 5-year history
7th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
11.59
Correlation with S&P 500
0.08
Current drawdown from 1-year high
-57.6%
Maximum drawdown, 3 years
-92.0%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Feb 12, 2021Oct 18, 2024-99.7%678 daysNot yet recovered
Aug 11, 2020Nov 23, 2020-78.9%31 days38 days (Jan 26, 2021)
Jun 26, 2020Jul 7, 2020-48.2%4 days7 days (Jul 30, 2020)
Jul 30, 2020Jul 31, 2020-37.5%1 days3 days (Aug 11, 2020)
Feb 8, 2021Feb 9, 2021-11.8%1 days1 days (Feb 10, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$14.96B
EPS, diluted (TTM)
-$22.93
Revenue (TTM)
$61.2M
Dividend yield
0.04%
52-week range
$12.80 – $65.60
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$0$427,669$645,278$3.3M$6.1M
Gross profit$0-$129,030$222,470$761,027$310,000
Operating income-$131,815-$1.7M-$2.4M-$2.4M$444.2M
Net income-$154,239-$2.0M-$2.5M-$3.3M$348.6M
EPS (diluted)-$0.00-$0.01-$0.01-$0.01$1.34
Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$682,435$1.2M$1.5M$2.1M$1.3M$2.3M$11.0M$46.5M
Net income-$813,871-$974,738-$1.2M-$622,762$351.3M-$5.20B-$3.82B-$83.6M
EPS (diluted)-$0.00-$0.02-$0.01-$0.00$1.60-$15.98-$8.40-$0.15
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$76,361-$1.6M-$809,715-$28,753-$4.1M
Capital expenditure-$427,296-$2.8M-$612,288-$75,934-$1.1M
Free cash flow-$503,657-$4.4M-$1.4M-$104,687-$5.2M
Dividends paid$0$0$0$0$0
Net share buybacks$0$1.8M$0$0$7.95B

Cash outflows are shown as negative numbers.

Cash and short-term investments
$340.3M
Total assets
$11.63B
Total liabilities
$30.1M
Total debt
$1.2M
Net debt
-$339.1M
Shareholders’ equity
$11.60B

As of May 31, 2026 (filed Jul 14, 2026).

Dividends

Ex-dateAmountPaid
Dec 8, 2025$0.01Dec 29, 2025

Short interest

Shares sold short
40,591,937
Days to cover
1.00
Change vs previous report
-2.5%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

May 16, 2025
1-for-20
Apr 27, 2021
1-for-200
Feb 24, 2012
2-for-1
Mar 10, 2011
1-for-8
Dec 19, 2008
1-for-20